NEWS ROUNDUP — Jarvis options Sudbury marble bet

Sudbury, Ont.-based Jarvis Resources (VSE) has optioned four separate claims in Grigg and Scadding twps., raising to 19 its claim units in the area.

Former work on the properties has identified units of Espanola Formation marble sufficiently thick to permit extraction.

Jarvis quarries marble in Parkin Twp. and processes quarried blocks into tiles, slabs, window sills and building blocks from a high-capacity plant. Jarvis will exchange 200,000 treasury shares for the option if it is exercised up to Oct. 15.

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